The morning news. [volume] (Savannah, Ga.) 1887-1900, 1887-05-19
COTTON MEN STIRRED UP.
THE CHARGES FOR COMPRESS
ING TO BE ADVANCED.


ING TO BE ADVANCED.
An Increase from 35c. per Bale to soc.
and &c. on Sept. 1.-The Central
Railroad Claimed to be Responsible
for the New Rates-Effect of the In
crease on Savannah.
The announcement that the charges for
COMPRISING cotton would be advanced on
Sept. | has awakened good deal of interest
and has been the subject of much controversy
among the cotton men of Savannah. They
have been discussing the advance in all its
phases and bearings and seem generally to
have arrive =: e. conclusion that it is a
good thing for the interior presses, but
very bad thing for Savannah as a cotton
market. They have been earnestly endeav-
oring to place the responsibility, and each
one has settled it to his own satisfaction,
but there is no unanimjty of opinion.
WHAT THE PRESS PEOPLE SAY.
A gentleman whose connection with the
Cotton Press Association is such as to give
him thorough knowledge of the situation
said yesterday that the rates would be adj
vanced from 35c. to SOC. and Csc. Last
year seven-band cotton was handled, and it
was all compressed at the same price. Next
year the bales will again be seven-band, but
difference of l5c. will be made between
that which is intended for Europe and the
coastWise cotton for New England. though
he could not see why the former should have
to pay 15c. more for an equal amount
of work than the latter. AS to
the author of the increase. he said
that it had been forced by the Central
Railroad Company because the advance
would be worth about $4,000 per annum to
to the road He did not think that the
hi1il If in no if1tp cOrIlH
be stopped ultimately the interior would do
all the COMPRISING, but that could be de-
layed for long time if the proper course
was pursued.
TIE COMPROMISE.
The railroad company, he said, made a
proposition TO fix the rate at SOC. and 75c.
for seven band cotton for the North and
East and for foreign ports respectively This
the Cotton Press Association rejected, and
it then proposed charge of SOC. for all
seven-band and the railroad rejected that,
and then a compromise was effected at
Soc and Csc.
Further particulars of the agreement are
that the Central Railroad Company is to re-
ceive one-half of = 30c increase on cotton
compressed by the association, but it is to
have all of the 30. increase made by the
Gordon Press Company on through cotton.
When the newly adopted rates were III
force, prior to last year, the Cotton Press
"a
Is to 20 per cent Last wear
under the SIC rlile If Maid only 1-2'to Q
. per cent. Though IL made something more
than that. but al of its net earnings were
made from outside interests, not from the
compress.
THE COMPRESS EARNINGS.
OF course, if next years bust
ness should oe as large as tnat OF previous
years the olvldenos co9la pc increased, put
ne 1nongnt there would De pefceptloie
IaLlng OH LOT tnls reason. Inc rallroads
pay 1he cost Oh COMPRISING IN the interior
anu ene Steamship Companies make rebate
70 lne supper, equal IN amount 10 tne c2ss
Oh COMPRISING IN savannah so u tne 9nlpz
per can SeI ms coIoon com 9rss7esi 4ski N{l<
ing py the rallroad, ana $500 4eea<[e ~ -
rom the steainshll he ~ ~ 81 }yHxa
ehougn ne 49, 49, 3ks - NEE
q ~ ~. ~ n. ~ rs Z. IL WeuId,
1oa&@ al III e. iA = - saseIr cotton
~ l3sFt' u tSl4< ~ = tAfsses are locaueo,
- IN IN savannah VIII de-
z<4 ~sear. me hlSh Tate, 700,
3z4 &aDie many OF smaller towns TO
v 3S1rO presses, whereas the large clties only
T~couiq MAINTAIN Ihenh WlOn low rate
bhough, u Is canned, the 5oc. rate only
covered the actual cost IN savannah, as IN
$1,000 ~ e"eliey .ays sooi-
os0 oAiu iOeleilis "eio iieo W Vlo SUPP
WHAT THE LOSS WILL BE
ne INFERIOR COMPRISING Will not Only qe-
prive savannah OF the Income hitherto de-
rived from that brauch OF the cotton bust
ness, but Will also take away the transfer
ana insurance, so that the only benefit Sa-
vannan VIII receive from the shipments
through here VIII be from the loading and un-
loading done, and many worllnen may be
deprived OF their means OF support unless
the presses here can find means to hold their
trade.
The planter OF course prefers to ship TO
Savannah, for the factors who lend him
money and who aid him in making his crop
are here, not in the interior towns, but they
may be forced to ship there
by the system under which the
railroad and steamboat companies win oper
ate. Some of the cotton men express the
opinion that the Press Association did not